The market has been neutral on Paycom Software Inc (PAYC) stock recently. PAYC gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.
Paycom Software Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on PAYC!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With PAYC Stock Today?
Paycom Software Inc (PAYC) stock is higher by 0.76% while the S&P 500 is down -0.48% as of 2:28 PM on Friday, Sep 29. PAYC has gained $1.96 from the previous closing price of $257.46 on volume of 233,784 shares. Over the past year the S&P 500 has gained 15.05% while PAYC is down -24.10%. PAYC earned $5.44 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 47.65.
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More About Paycom Software Inc
Paycom is a fast-growing provider of payroll and human capital management, or HCM, software primarily targeting clients with 50-10,000 employees in the United States. Paycom was established in 1998 and services about 16,000 clients, based on parent company grouping. Alongside its core payroll software, Paycom offers various HCM add on modules including time and attendance, talent management, and benefits administration.
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